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20 Oct
19:01

Residential construction industry shrinks in the US

Residential construction in the US declined in September with levels of permits, starts, and completions all falling from the prior month, Kallanish learns from data gathered by the US Department of Commerce and the US Department of Housing and Urban Development. According to Census data, building permits in the US fell by 7.7% to an annualised rate of 1.59 million units during September. At the same time, both housing starts and completions fell by 1.6%…
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